Penang Property Today. Tomorrow. Future

IJM to develop retail mall, convention centre in George Town. The project is part of the development of the integrated waterfront mixed development project in Penang known as The Light City.

Source : TheStar

IJM to develop retail mall, convention centre in George Town KUALA LUMPUR: IJM Corp Bhd has secured a RM864.7mil project to develop an 11-storey retail mall and convention centre in George Town, Penang.

The Ship Campus expected to open in 2021.

Source : Buletin Mutiara

News link : https://www.buletinmutiara.com/the-ship-campus-expected-to-open-in-2021/

The Ship Campus expected to open in 2021 THE Ship Campus, which is the first ever campus in Penang to be located inside an industrial park, is expected to be fully operational by early next year.   Once operational, it will be home to Peninsula College, the education arm of PKT Logistics Group Sdn Bhd, and can accommodate up to 4,000 stud...

Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia.

Source : Bloomberg

News link : https://www.bloomberg.com/news/articles/2020-08-05/malaysia-pushes-tech-hub-to-help-economy-ride-out-pandemic

Malaysia Pushes Tech Hub to Help Economy Ride Out Pandemic Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia.

Temporary freeze of Malaysia My Second Home programme (MM2H).

Source : EdgeProp

News Link : https://www.edgeprop.my/content/1719652/temporary-freeze-malaysia-my-second-home-programme

Temporary freeze of Malaysia My Second Home programme KUALA LUMPUR (August 4): The Malaysia My Second Home (MM2H) programme is temporarily frozen to enable the Ministry of Tourism, Arts and Culture (MOTAC...

💯Modern Service Suite@Penang Island
📌For Own Stay, Home Stay Business & AirBnB
📍Very low density with total 268 units only.
🛏All units comes with renovation & fully furnished
📈Suitable for own stay or investment
🔥Offer Fuss-free rental that comes with Exclusive Management Services🔥

全新服务式公寓🏢
可自住又可合法做 AirBnB🏪
低密度仅 268 个单位♥️
所有公寓均配有装修和设施齐全🛋
适合自己住宿或投资💲
独家管理服务附带的无忧无虑的租赁💰

✅Free MOT 免付转名印花税💡
✅免付 SPA & Loan 费用📑
✅Free Car Park 免费停车场🚗
✅Home Owner's Campaign (HOC)
✅Low Down Payment 超值配套, 超低头期💸

Show Room Available For Viewing 可预约参观示范屋 ☎️WhatsApp>>>https://wa.link/crxzil

Real Property Gain Tax (Exemption) Order 2020

From 1 June 2020 to 31 December 2021
http://www.federalgazette.agc.gov.my/outputp/pua_20200728_PUA218_2020.pdf

www.federalgazette.agc.gov.my

Coming Exclusive Marketing Projects! Stay tuned for launching!
6项独家代理销售项目, 这个月开始 排着队出街！

Register at WhatsApp>>>https://wa.link/5algtu
or Telegram>>>t.me/PenangPropertyToday


by

Launching next week! 槟城某条著名大路旁, 地点一流💯
𝗙𝘂𝗹𝗹𝘆 𝗙𝘂𝗿𝗻𝗶𝘀𝗵𝗲𝗱 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗦𝘂𝗶𝘁𝗲 from only

𝗛𝘂𝗿𝗿𝘆 𝘂𝗽! PM for more info:
WhatsApp>>>https://wa.link/ma2721
Telegram>>>t.me/PenangPropertyToday


by

Brand new 2 sty Semi-D with just Rm5000‼️ Hot Selling now! 今天开盘不到半天 #已售出3间.

4+1 Bedrooms
Land Area 2750sf
Free SPA & Loan
Freehold Title

WhatsApp>>>https://wa.link/v6ni0j
Telegram>>>t.me/PenangPropertyToday

by #独家销售

Batu Kawan luxury modern condo with Special Promo @ Rm279,000 only.
Perfect location! Walking distance to IKEA & up coming shopping mall. Free 2 carparks.

WhatsApp>>>https://wa.link/xkf0gy
Telegram>>>t.me/PenangPropertyToday

Zen6 全海景高级公寓 Penang Worldcity
一个短短30天的6🈷️ 总共卖出了143间!

WhatsApp>>>https://wa.link/efkju5
Telegram>>>t.me/PenangPropertyPenang

#槟州世界城

by

Farlim高级公寓 #清货劲爆价 Penang Farlim 1323sf 4 bedrooms luxury condo @ Rm599,000 only‼️ Just Rm1000 down payment! Limited units 卖完就没了！
Hurry up!

WhatsApp>>>https://wa.link/7yy5u6
Telegram>>>t.me/PenangPropertyToday

by

Penang to launch public housing regeneration project.

Source: New Straits Times

News link: https://www.nst.com.my/news/nation/2020/07/610055/penang-launch-public-housing-regeneration-project

Penang to launch public housing regeneration project | New Straits Times GEORGE TOWN: The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs.

Paired road project to be finished by year-end.

Source: TheStar

News link: https://www.thestar.com.my/metro/metro-news/2020/07/13/paired-road-project-to-be-finished-by-year-end #.XxAGUDzsNgF.facebook

Paired road project to be finished by year-end THE RM545.6mil Jalan Bukit Kukus paired road project is 90% done and should be ready by the end of this year.

Bank Negara cuts overnight policy rate by 25bps to 1.75%.

Source: TheStar

News link: https://www.thestar.com.my/business/business-news/2020/07/07/bank-negara-cuts-overnight-policy-rate-by-25bps-to-175

Bank Negara cuts overnight policy rate by 25bps to 1.75% KUALA LUMPUR: Bank Negara Malaysia's monetary policy committee has cut the overnight policy rate (OPR) rate by 25 basis points to 1.75%

Is now a good time to sell or buy property?

Source: iProperty

News link: https://www.iproperty.com.my/guides/good-time-sell-buy-property-malaysia/

Is now a good time to sell or buy a property? - iproperty.com.my Thee Malaysian government recently announced real property gains tax (RPGT) exemptions and stamp duty holidays under the Home Ownership Campaign (HOC).

Cost Living Rank in Asean 2020

Source: Merce's 2020 Cost Living Survey

What ails Malaysian residential property sector.

Source: EdgeProp

News link: https://www.edgeprop.my/content/1706953/what-ails-malaysian-residential-property-sector

What ails the Malaysian residential property sector Owning a home is a dream of most Malaysians but, for many, it remains elusive. Loan approvals for residential mortgages have been weak since 2015 (see...

Project delivery partner master agreement for PTMP inked.

Source: BuletinMutiara

News link: https://www.buletinmutiara.com/project-delivery-partner-master-agreement-for-ptmp-inked/

Project delivery partner master agreement for PTMP inked THE project delivery partner for the Penang Transport Master Plan (PTMP), SRS Consortium, will have to prepare and present the financial architecture plan for the PTMP to the Penang government within a month.   Chief Minister Chow Kon Yeow said the financial architecture plan would enable the state...

E&O set for better times ahead. New launches expected this year.

Source: NST

News link: https://www.nst.com.my/property/2020/07/604906/eo-set-better-times-ahead-new-launches-expected-year

E&O set for better times ahead; new launches expected this year | New Straits Times Eastern & Oriental Bhd (E&O) group managing director Kok Tuck Cheong said 22 per cent of the group's RM1.3 billion sukuk programme has been drawn down as at March 31, 2020, to develop Seri Tanjung Pinang Phase 2A (STP2A) in Penang.

Gamuda made project delivery partner for Penang Transport Master Plan.

Source: EdgeProp

News link: https://www.theedgemarkets.com/article/gamuda-subsidiary-inks-agreement-state-govt-pdp-penang-transport-master-plan

Gamuda made PDP for Penang Transport Master Plan Gamuda Bhd announced that the Penang state government had confirmed the appointment of the construction giant to be the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP).

Ivory Properties buys land opposite Penang's Queensbay Mall for RM142.8m.

Source: EdgeProp

News link: https://www.edgeprop.my/content/1705081/ivory-properties-buys-land-opposite-penangs-queensbay-mall-rm1428-mln

Ivory Properties buys land opposite Penang's Queensbay Mall for RM142.8 mln KUALA LUMPUR (July 1): Ivory Properties Group Bhd has acquired two pieces of adjoining land in Penang, for RM142.79 million where it aims to develop c...

Penang tranders offered rental discount during MCO.

Source: TheEdge

News link: https://www.edgeprop.my/content/1705129/mco-penang-traders-offered-rental-discounts-exemptions

MCO: Penang traders offered rental discounts, exemptions GEORGE TOWN (July 1): Most owners and building managements in Penang have been very cooperative in offering rental deductions and exemptions to trader...

The HOC (Home Ownership Campaign) 2020 all you need to know!

Source: PropertyGuru

News link: https://www.propertyguru.com.my/property-guides/home-ownership-campaign-hoc-2020-all-you-need-to-know-15274

The HOC (Home Ownership Campaign) 2020 – Extended! | PropertyGuru Malaysia It’s time to explore the Home Ownership Campaign. Here’s all you need to know about this government housing scheme which runs till May 2021.

Penang proposed cable car from Penang Hill to Teluk Bahang.

Source: TheStar

News link: https://www.thestar.com.my/news/nation/2020/06/29/cable-car-plan-sparks-interest

Cable car plan sparks interest GEORGE TOWN: Even before the proposed RM100mil Penang Hill cable car project has yet to lift off after running into funding problems, another similar idea has been mooted.

Making the move to Malaysia for child's education.

Source: EdgeProp

News link: https://www.edgeprop.my/content/1702583/making-move-malaysia-childs-education

Making the move to Malaysia for child's education Christine Pun, together with her husband and daughter, has been looking to move to Malaysia via the Malaysia My Second Home (MM2H) since the middle of...

Hongkongers looking at Malaysia as back-up home.

Source: EdgeProp

News link: https://www.edgeprop.my/content/1702580/hongkongers-looking-malaysia-back-home

Hongkongers looking at Malaysia as 'back-up' home Ever since China approved the controversial national security laws for Hong Kong end of May this year, there has been another surge of enquiries for t...

Malaysia my first choice for migration.

Source: EdgeProp

News link: https://www.edgeprop.my/content/1702588/malaysia-my-first-choice-migration

'Malaysia my first choice for migration' Working as a trainer in a Malaysia-based consultation company in Hong Kong, Sunny Ng is fairly familiar with Malaysia’s living and working environme...